Current Mortgage Rates are the Lowest this Year - 2011

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   The home loan interest rates on a traditional 30 YR fixed rate has been falling for the past month making it the lowest so far in 2011.  Freddie Mac has posted that the average rate was 4.61% this past week, which even happens to be the lowest rate in the past 6 months.  Even the 15 YR fixed rates loans were down this week.

Freddie Mac Rate Averages

30 year fixed: 4.61% w/ 0.7 of a points

15 year fixed: 3.80% w/ 0.7 of a points

5 year adjustable-rate mortgage: 3.48% w/ 0.6 of a points

1 year adjustable-rate mortgage: 3.15% w/ 0.6 of a points


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Jon Quist
Tucson's BUYERS ONLY Realtor since 1996

Yes, current rates are very low. Now if we can just match up those rates with eager buyers?

May 21, 2011 11:26 PM #1
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Put our 28 years experience and technolgy to work

Good Evening John

Thanks for the post. have a great day.

May 21, 2011 11:37 PM #2
Harrison K. Long
Coldwell Banker Previews, Irvine, South OC - Irvine, CA
business, REALTOR , GRI, Broker

John ... It is amazing and good that mortgage loan rates are now at their low point and best for home buyers during 2011.

Jun 26, 2011 12:26 PM #3
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John Kim

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